Monday 29 July 2013

Kenya signs Sh13bn World Bank loan for water infrastructure


PHOTO | FILE Visitors watch as water flows at Ndakaini Dam in 2010. The dam, which provides water for Nairobi residents, was full even as rationing continued in 2010. The first beneficiaries of this financing will include an irrigation scheme on the Lower Nzoia river in Siaya and Busia Counties in Western Kenya.
PHOTO | FILE Visitors watch as water flows at Ndakaini Dam in 2010. The first beneficiaries of this financing will include an irrigation scheme on the Lower Nzoia river in Siaya and Busia Counties in Western Kenya.   NATION MEDIA GROUP
By NATION REPORTER
Posted  Monday, July 29  2013 at  12:49
 
Kenya has signed a Sh13 billion World Bank loan for the development of the country’s water infrastructure.
The credit will support Kenya’s financing of a long-term program aimed at achieving water security and resilience to climate change.
In particular, it will enable the Government to move ahead with its efforts to develop new water infrastructure, such as water storage and irrigation.
It will also to build capacity of water institutions to deliver adequate water to the Kenyan people across the country.
The first beneficiaries of this financing will include an irrigation scheme on the Lower Nzoia river in Siaya and Busia Counties in Western Kenya.
This is a flagship project of the Kenya Agricultural Sector Development Strategy.
Regular and reliable water supply will facilitate increased output of high value produce such as fruits and vegetables and staples such as soybeans, cereals and other legumes from this region.
This will contribute to food security, economic growth and enhanced climate resilience for the local farmers and the rest of the country.

1 comment:

  1. $$$ URGENT LOAN OFFER WITH LOW INTEREST RATE APPLY NOW $$$
    Do you need Loan to pay off your debt and start a new life? You have come to the right place were you can get your loan at a very low interest rate. Interested people/company should please contact us via email for more details.

    Full name:
    Date of birth (yyyy-mm-dd):
    Gender:
    Marital status:
    Amount Needed:
    Duration:
    Address:
    City:
    State/province:
    Zip/postal code:
    Country:
    Phone number:
    Monthly Income:
    Occupation:

    E-mail: shadiraaliuloancompany1@gmail.com

    ReplyDelete